CTERA Recognized by Deloitte among Fastest Growing Companies in EMEA and Israel

NEW YORK and PETACH TIKVAH, Israel, Dec. 23, 2015 /PRNewswire/ -- CTERA Networks today announced that it has been recognized in the 2015 Deloitte Technology Fast 50 Israel and Fast 500 EMEA. This marks the company's first inclusion on these esteemed Deloitte lists, which recognizes successful technology providers in both geographies.

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The Deloitte Technology Fast 500 EMEA is a ranking of the 500 fastest growing technology companies in Europe, Middle East and Africa based on percentage growth in operating revenue over four years. The Fast 50 program honors business growth and technological innovation as well as Israeli entrepreneurial spirit.

"Deloitte's recognition of CTERA's 250 percent growth over recent years is a testament to our strategy, technology and execution," said Jeff Denworth, CTERA SVP of Marketing. "We now see unprecedented interest from world-leading customers that seek to accelerate the transition to secure enterprise-grade file services from their secure cloud. We look forward to deepening customer relationships and making new ones as we continue to meet the enterprise's requirements for managing and protecting their data."

CTERA's growth has only continued to build through 2015, where the company has experienced momentous customer traction, a steady stream of partnerships and product validation through various industry recognitions. 

"Securing a position in the Deloitte Technology Fast 500 is an impressive feat, especially in the highly competitive and rapidly changing environment of the technology industry," said David Cobb, Deloitte UK and partner in charge of the Deloitte Technology Fast 500 EMEA programme. "We congratulate CTERA on being among the most dynamic and successful technology companies in the region."

"The Deloitte Fast 50 measures sustained revenue growth over four years, and being recognized as one of the 50 fastest growing technology companies in Israel is an outstanding achievement," said Tal Chen, partner in charge of the Deloitte Israel Technology Fast 50 Program. "CTERA deserves much respect for its superb growth."

About Deloitte Technology Fast 500™ EMEA

The Deloitte Technology Fast 500 EMEA programme is the region's most objective industry-ranking to focus on the technology field, recognising technology companies that have achieved the fastest rates of revenue growth in Europe, the Middle East, and Africa (EMEA) during the past four years. Combining technological innovation, entrepreneurship and rapid growth, Fast 500 companies – large, small, public and private – span a variety of industry sectors, and are leaders in hardware, software, communications, media, life sciences and clean technology.

The programme is supported by the Deloitte Technology Fast 50 initiatives, which rank high growth technology companies by location or specifically defined geographic area and is run by the Deloitte Touche Tohmatsu Limited's Technology, Media & Telecommunications (TMT) global industry group. Co-sponsors include Eight Roads, a venture and growth capital investor which backs entrepreneurs with aspiration for greatness in the IT and clean technology sectors across Europe, Silicon Valley Bank, the premier bank for technology, life science, private equity and premium wine businesses and Taylor Wessing, a leading International law firm with a focus on the industries of tomorrow. More information on the programme and prior year winners is available on www.deloitte.com/fast500emea.

About CTERA

CTERA enables enterprises to securely sync, share, protect and govern files from any device or remote office, all from the private or virtual private cloud of their choice. Trusted by the Fortune 100 and leading service providers, CTERA provides industry's most secure approach to file services, with the widest choice of use cases and infrastructure options to enable the IT-as-a-Service transformation. To learn more, visit www.ctera.com

About Deloitte

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Deloitte provides audit, consulting, financial advisory, risk management, tax and related services to public and private clients spanning multiple industries. With a globally connected network of member firms in more than 150 countries, Deloitte brings world-class capabilities and high-quality service to clients, delivering the insights they need to address their most complex business challenges. Deloitte's more than 225,000 professionals are committed to making an impact that matters. Deloitte serves 4 out of 5 Fortune Global 500® companies, please connect with DTTL on Facebook, LinkedIn, or Twitter.

This communication contains general information only, and none of Deloitte Touche Tohmatsu Limited, its member firms, or their related entities (collectively, the "Deloitte network") is, by means of this communication, rendering professional advice or services. No entity in the Deloitte network shall be responsible for any loss whatsoever sustained by any person who relies on this communication.

© 2015. For information, contact Deloitte Touche Tohmatsu Limited.

The information contained in this press release is correct at the time of going to press.

SOURCE CTERA Networks